Posts by author

Md. Rokonuzzaman

646 posts
Electrical and Computer Engineering Fuels Innovation Economy
View Post

Electrical and Computer Engineering Fuels Innovation Economy

Although ECE education is focusing on sharing existing body of knowledge, they increasingly need the competence of developing ideas for improving existing products and processes, and also innovating new ones. Most importantly, they need to know how to succeed to trade them in the globally competitive market economy.
Schumpeter’s creative destruction refers to industrial mutation that incessantly destroys the old products, while creating better alternatives by changing the matured technology core–consequentially causing destruction to existing economic structures, such as industries, firms, and jobs.
View Post

Schumpeter’s Creative Destruction Distils from Praxis

This article explains the underpinnings driving Schumpeter's creative destruction. Human beings' innate creative ability of generating and pursuing ideas for getting jobs done better at less cost is the underlying reason for the manifestation of this effect. Along with with the freedom of competition to profit from ideas, we need to increase the knowledge stock for supporting the the creation of flow of ideas for fuelling successive waves of creative destruction.
Creative destruction propels capitalism
View Post

Disruptive Technologies Drive Creative Destruction

Schumpeter's creative destruction is at the core of capitalism for offering us successive better products at lower cost. But which power creative destruction? It's disruptive technology. And not all technologies are disruptive ones. How to spot and leverage them often cause decision making challenge, which subsequently cause destruction to incumbents.
Advantages and Disadvantages of eLearning deserve investigation
View Post

Advantages and Disadvantages of eLearning

Despite the growing popularity of online learning, advantages and disadvantage affecting the net benefit are continuously changing. This article sheds light on different issues pertaining to benefits, advantages and disadvantages of eLearning which are being affected by technology evolution, our cultural adjustment, technology availability, and background of both teachers and students. It's time to focus on carefully assessing online classes taking place in virtual environment for optimally responding to distance learning.